Venturi Wealth Management LLC Increases Position in Johnson Controls International plc (NYSE:JCI)

Venturi Wealth Management LLC grew its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 4,686.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,946 shares of the company's stock after purchasing an additional 7,780 shares during the quarter. Venturi Wealth Management LLC's holdings in Johnson Controls International were worth $627,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Park Avenue Securities LLC increased its position in Johnson Controls International by 101.5% during the fourth quarter. Park Avenue Securities LLC now owns 26,517 shares of the company's stock worth $2,093,000 after buying an additional 13,360 shares during the period. Certuity LLC purchased a new position in shares of Johnson Controls International during the fourth quarter worth approximately $243,000. Y Intercept Hong Kong Ltd increased its holdings in shares of Johnson Controls International by 136.8% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company's stock valued at $7,082,000 after acquiring an additional 52,719 shares during the period. Geode Capital Management LLC raised its position in Johnson Controls International by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company's stock valued at $1,041,822,000 after purchasing an additional 71,493 shares during the last quarter. Finally, BNC Wealth Management LLC acquired a new stake in Johnson Controls International during the 4th quarter worth $2,093,000. Institutional investors and hedge funds own 90.05% of the company's stock.

Johnson Controls International Price Performance

Shares of NYSE:JCI traded down $4.17 on Friday, reaching $84.66. 2,415,098 shares of the company were exchanged, compared to its average volume of 4,435,872. The company has a 50-day moving average of $82.01 and a 200-day moving average of $78.25. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The firm has a market cap of $55.89 billion, a price-to-earnings ratio of 32.31, a price-to-earnings-growth ratio of 1.99 and a beta of 1.32. Johnson Controls International plc has a 1-year low of $57.78 and a 1-year high of $91.14.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Equities analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.75%. Johnson Controls International's dividend payout ratio is presently 56.49%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on JCI shares. Argus raised shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 target price for the company in a report on Friday, December 20th. Citigroup reduced their price objective on Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating for the company in a research note on Monday, January 13th. JPMorgan Chase & Co. lifted their target price on Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Robert W. Baird upped their price target on Johnson Controls International from $80.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. Finally, Wells Fargo & Company increased their price target on Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $91.13.

Insider Buying and Selling

In related news, EVP Marlon Sullivan sold 7,230 shares of Johnson Controls International stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the transaction, the executive vice president now directly owns 32,246 shares in the company, valued at $2,687,704.10. The trade was a 18.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO George Oliver sold 124,497 shares of the company's stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $82.67, for a total value of $10,292,166.99. Following the completion of the sale, the chief executive officer now directly owns 1,267,716 shares in the company, valued at approximately $104,802,081.72. The trade was a 8.94 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 719,004 shares of company stock valued at $62,950,067. 0.54% of the stock is owned by insiders.

Johnson Controls International Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.